MGA vs. IVV
Compare and contrast key facts about Magna International Inc. (MGA) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGA or IVV.
Correlation
The correlation between MGA and IVV is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MGA vs. IVV - Performance Comparison
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Key characteristics
MGA:
-0.64
IVV:
0.52
MGA:
-0.76
IVV:
0.89
MGA:
0.91
IVV:
1.13
MGA:
-0.33
IVV:
0.56
MGA:
-1.40
IVV:
2.17
MGA:
15.55%
IVV:
4.85%
MGA:
33.77%
IVV:
19.30%
MGA:
-79.31%
IVV:
-55.25%
MGA:
-61.93%
IVV:
-7.66%
Returns By Period
In the year-to-date period, MGA achieves a -15.62% return, which is significantly lower than IVV's -3.40% return. Over the past 10 years, MGA has underperformed IVV with an annualized return of -1.88%, while IVV has yielded a comparatively higher 12.41% annualized return.
MGA
-15.62%
8.31%
-17.87%
-22.37%
0.98%
-1.88%
IVV
-3.40%
7.56%
-5.07%
9.78%
15.85%
12.41%
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Risk-Adjusted Performance
MGA vs. IVV — Risk-Adjusted Performance Rank
MGA
IVV
MGA vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Magna International Inc. (MGA) and iShares Core S&P 500 ETF (IVV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
MGA vs. IVV - Dividend Comparison
MGA's dividend yield for the trailing twelve months is around 5.49%, more than IVV's 1.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGA Magna International Inc. | 5.49% | 4.55% | 3.11% | 3.20% | 2.13% | 2.26% | 2.66% | 2.90% | 1.94% | 2.30% | 2.17% | 1.40% |
IVV iShares Core S&P 500 ETF | 1.37% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
MGA vs. IVV - Drawdown Comparison
The maximum MGA drawdown since its inception was -79.31%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for MGA and IVV. For additional features, visit the drawdowns tool.
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Volatility
MGA vs. IVV - Volatility Comparison
Magna International Inc. (MGA) has a higher volatility of 9.66% compared to iShares Core S&P 500 ETF (IVV) at 6.88%. This indicates that MGA's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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